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【LIONIND 4235 交流专区】金狮工业

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发表于 11-10-2018 04:47 AM | 显示全部楼层
Type
Announcement
Subject
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
ACQUISITION OF SUBSIDIARIES
The Board of Directors of Lion Industries Corporation Berhad (the "Company") wishes to announce that on 8 October 2018:  1. The Company acquired the entire issued share capital of Cendana Domain Sdn Bhd ("Cendana Domain") and Tahap Berkat Sdn Bhd ("Tahap Berkat") for a cash consideration of RM1.00 each;

2. Cendana Domain acquired the entire issued share capital of Cendana Aset Sdn Bhd ("Cendana Aset") for a cash consideration of RM1.00.  Information on Cendana Domain, Tahap Berkat and Cendana Aset (collectively referred to as the "New Subsidiaries") are set out below:
Name of CompanyDate/Place of IncorporationIssued Share CapitalPrincipal Activity
Cendana Domain23 August 2018/MalaysiaRM1.00 represented by1 ordinary shareInvestment holding
Tahap Berkat3 October 2018/MalaysiaRM1.00 represented by1 ordinary shareInvestment holding
Cendana Aset19 September 2018/MalaysiaRM1.00 represented by 1 ordinary shareInvestment holding
Consequent thereupon, the New Subsidiaries became wholly-owned subsidiaries of the Company.

The acquisition of the New Subsidiaries does not have a material impact on the earnings of the Group for the financial year ending 30 June 2019 and the net assets of the Group based on the audited consolidated statement of financial position as at 30 June 2017.

None of the Directors and major shareholders of the Company and/or persons connected with them has any interest, direct or indirect, in the acquisition of the New Subsidiaries.

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发表于 25-12-2018 07:35 AM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2018
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2018
30 Sep 2017
30 Sep 2018
30 Sep 2017
$$'000
$$'000
$$'000
$$'000
1Revenue
926,307
637,312
926,307
637,312
2Profit/(loss) before tax
20,966
34,039
20,966
34,039
3Profit/(loss) for the period
19,105
32,599
19,105
32,599
4Profit/(loss) attributable to ordinary equity holders of the parent
19,008
27,790
19,008
27,790
5Basic earnings/(loss) per share (Subunit)
2.79
4.08
2.79
4.08
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
2.7200
2.7200

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发表于 25-1-2019 08:25 AM | 显示全部楼层
Notice of Person Ceasing (Section 139 of CA 2016)
LION INDUSTRIES CORPORATION BERHAD
Particulars of Substantial Securities Holder
Name
LEMBAGA TABUNG HAJI
Address
201, Jalan Tun Razak
Kuala Lumpur
50400 Wilayah Persekutuan
Malaysia.
Company No.
Act 535 (Tabung Haji Act,1995)
Nationality/Country of incorporation
Malaysia
Descriptions (Class)
Ordinary Shares
Date of cessation
28 Dec 2018
Name & address of registered holder
Lembaga Tabung Haji201, Jalan Tun Razak,50400 Kuala Lumpur
No of securities disposed
44,026,800
Circumstances by reason of which a person ceases to be a substantial shareholder
Transfer of shares to URUSHARTA JAMAAH SDN. BHD. as a result of the restructuring exercise - 44,026,800 units.
Nature of interest
Direct Interest
Date of notice
28 Dec 2018
Date notice received by Listed Issuer
28 Dec 2018

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发表于 30-1-2019 05:06 AM | 显示全部楼层
Type
Announcement
Subject
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
LION INDUSTRIES CORPORATION BERHAD ("LICB" OR THE "COMPANY")Proposed disposal by the Company of its entire 11,517,999 ordinary shares in Angkasa Amsteel Pte Ltd ("AAPL"), representing approximately 50% of the share capital of AAPL to Daehan Steel Co. Ltd. for a cash consideration of SGD26.65 million (equivalent to approximately RM80.90 million)
The Board of Directors of LICB ("Board") wishes to announce that LICB ("Vendor") had on 6 January 2019 entered into a conditional sale and purchase agreement with Daehan Steel Co. Ltd. ("Daehan Steel" or the "Purchaser") ("SPA") for the proposed disposal by the Company of its entire holding of 11,517,999 ordinary shares in AAPL representing approximately 50% of the share capital of AAPL ("Sale Shares") to Daehan Steel for a cash consideration of SGD26.65 million (equivalent to approximately RM80.90 million) ("Disposal Consideration") ("Proposed Disposal").

For the purpose of this announcement, the following exchange rates are assumed based on the exchange rate as at 31 December 2018:  (a) SGD1.00: RM3.0355; and

(b) KRW1.00: RM0.0037.  The full text of the announcement is attached herewith.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6029361

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发表于 4-3-2019 07:08 AM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
31 Dec 2018
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Dec 2018
31 Dec 2017
31 Dec 2018
31 Dec 2017
$$'000
$$'000
$$'000
$$'000
1Revenue
798,118
886,425
1,724,425
1,523,737
2Profit/(loss) before tax
-47,067
61,024
-26,101
95,063
3Profit/(loss) for the period
-43,174
58,920
-24,069
91,519
4Profit/(loss) attributable to ordinary equity holders of the parent
-43,409
55,792
-24,401
83,582
5Basic earnings/(loss) per share (Subunit)
-6.38
8.20
-3.58
12.28
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
2.6900
2.7200

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发表于 9-4-2019 10:14 PM | 显示全部楼层
wingtsubasa 发表于 22-12-2017 08:50 AM
哈哈 新手的想法。拿来跟masteel比较的关系。

进场啦。。。。。RM0.57
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发表于 10-4-2019 08:08 PM | 显示全部楼层
最高 0.655。。。。
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发表于 11-4-2019 06:55 AM | 显示全部楼层
icy97 发表于 30-1-2019 05:06 AM
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6029361

Type
Announcement
Subject
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
LION INDUSTRIES CORPORATION BERHAD ("LICB" OR THE "COMPANY")Proposed disposal by the Company of its entire 11,517,999 ordinary shares in Angkasa Amsteel Pte Ltd ("AAPL"), representing approximately 50% of the share capital of AAPL to Daehan Steel Co. Ltd. for a cash consideration of SGD26.65 million (equivalent to approximately RM80.90 million)
We refer to the announcement by the Company on 7 January 2019 in relation to the Proposed Disposal ("Earlier Announcement").Unless otherwise stated, the definitions used throughout this announcement shall have the same meanings as defined in the Earlier Announcement.The Board of Directors of LICB wishes to announce that the Proposed Disposal has been completed on 1 April 2019.


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发表于 16-4-2019 10:41 PM | 显示全部楼层
RM0.57.................buy............
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发表于 17-4-2019 08:33 PM | 显示全部楼层
输到。。。。
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发表于 30-5-2019 09:36 PM | 显示全部楼层
本帖最后由 icy97 于 31-5-2019 02:30 AM 编辑

4235    LIONIND    LION INDUSTRIES CORPORATION
Quarterly rpt on consolidated results for the financial period ended 31/03/2019
Quarter:3rd Quarter
Financial Year End:30/06/2019
Report Status:Unaudited
Submitted By:
Current Year QuarterPreceding Year Corresponding QuarterCurrent Year to DatePreceding Year Corresponding Period
31/03/201931/03/201831/03/201931/03/2018
RM '000RM '000RM '000RM '000
1Revenue693,366919,5572,417,7912,443,294
2Profit/Loss Before Tax(72,484)68,463(98,585)163,526
3Profit/(loss) attributable to ordinary equity holders of the parent(72,167)60,675(96,568)144,257
4Net Profit/Loss For The Period(71,195)62,103(95,264)153,622
5Basic Earnings/Loss Per Shares (sen)(10.60)8.91(14.18)21.19
6Dividend Per Share (sen)0.000.000.000.00
As At End of Current QuarterAs At Preceding Financial Year End
7Net Assets Per Share (RM) 2.60002.7200

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发表于 29-8-2019 11:15 PM | 显示全部楼层
本帖最后由 icy97 于 30-8-2019 01:33 AM 编辑

4235    LIONIND    LION INDUSTRIES CORPORATION
Quarterly rpt on consolidated results for the financial period ended 30/06/2019
Quarter:4th Quarter
Financial Year End:30/06/2019
Report Status:Unaudited
Submitted By:


Current Year Quarter
Preceding Year Corresponding Quarter
Current Year to Date
Preceding Year Corresponding Period

30/06/2019
30/06/2018
30/06/2019
30/06/2018

RM '000
RM '000
RM '000
RM '000
1
Revenue
745,983
851,501
3,163,774
3,294,795
2
Profit/Loss Before Tax
(53,140)
10,948
(151,725)
174,474
3
Profit/(loss) attributable to ordinary equity holders of the parent
(67,822)
28,372
(164,390)
172,629
4
Net Profit/Loss For The Period
(67,781)
27,647
(163,045)
181,269
5
Basic Earnings/Loss Per Shares (sen)
(9.96)
4.17
(24.15)
25.36
6
Dividend Per Share (sen)
0.00
0.00
0.00
0.00


As At End of Current Quarter
As At Preceding Financial Year End
7
Net Assets Per Share (RM)

2.4900
2.7200


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发表于 21-3-2020 05:05 AM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2019
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2019
30 Sep 2018
30 Sep 2019
30 Sep 2018
$$'000
$$'000
$$'000
$$'000
1Revenue
656,402
926,307
656,402
926,307
2Profit/(loss) before tax
-109,398
20,966
-109,398
20,966
3Profit/(loss) for the period
-110,519
19,105
-110,519
19,105
4Profit/(loss) attributable to ordinary equity holders of the parent
-110,619
19,008
-110,619
19,008
5Basic earnings/(loss) per share (Subunit)
-16.25
2.79
-16.25
2.79
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
2.2700
2.4600

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发表于 29-4-2020 04:34 AM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
31 Dec 2019
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Dec 2019
31 Dec 2018
31 Dec 2019
31 Dec 2018
$$'000
$$'000
$$'000
$$'000
1Revenue
641,729
798,118
1,298,131
1,724,425
2Profit/(loss) before tax
-96,627
-47,067
-206,025
-26,101
3Profit/(loss) for the period
-98,330
-43,174
-208,849
-24,069
4Profit/(loss) attributable to ordinary equity holders of the parent
-98,831
-43,409
-209,450
-24,401
5Basic earnings/(loss) per share (Subunit)
-14.52
-6.38
-30.77
-3.58
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
2.1200
2.4600

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发表于 17-7-2020 08:58 AM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2020
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Mar 2020
31 Mar 2019
31 Mar 2020
31 Mar 2019
$$'000
$$'000
$$'000
$$'000
1Revenue
555,193
693,366
1,853,324
2,417,791
2Profit/(loss) before tax
-55,788
-72,484
-261,813
-98,585
3Profit/(loss) for the period
-56,709
-71,195
-265,558
-95,264
4Profit/(loss) attributable to ordinary equity holders of the parent
-57,871
-72,167
-267,321
-96,568
5Basic earnings/(loss) per share (Subunit)
-8.50
-10.60
-39.27
-14.18
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
2.0600
2.4600

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发表于 3-8-2020 08:55 AM | 显示全部楼层
Type
Announcement
Subject
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
LION INDUSTRIES CORPORATION BERHAD ("LICB" OR THE "COMPANY")Proposed disposal by Amsteel Mills Sdn Bhd, a 99% owned subsidiary of the Company, of the hot-briquetted iron ("HBI") plant and business in Labuan by disposing of the entire 100% equity interest in Antara Steel Mills Sdn Bhd ("Antara") for a cash consideration of USD128.00 million (equivalent to RM546.56 million)
The Board of Directors of LICB wishes to announce that LICB and Amsteel Mills Sdn Bhd ("AMSB" or “Seller”), a 99% owned subsidiary of the Company, had on 9 June 2020 entered into a conditional sale and purchase agreement with Esteel Enterprise Pte Ltd ("Esteel" or “Buyer”) for the proposed disposal by the Seller of its entire holding of (a) 218,010,000 ordinary shares; and (b) 30,000,000 redeemable preference shares in Antara, representing the entire 100% issued share capital of Antara to the Buyer for a cash consideration of USD128.00 million (equivalent to RM546.56 million).

The full text of the announcement is attached herewith.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3057055

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发表于 14-11-2020 08:12 AM | 显示全部楼层
Type
Announcement
Subject
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
LION INDUSTRIES CORPORATION BERHAD ("LICB" OR THE "COMPANY")Proposed disposal by Amsteel Mills Sdn Bhd ("AMSB" or "Seller"), a 99% owned subsidiary of the Company, of the hot-briquetted iron plant and business in Labuan by disposing of the entire 100% equity interest in Antara Steel Mills Sdn Bhd to Esteel Enterprise Pte Ltd ("Esteel" or "Buyer") for a cash consideration of USD128.00 million (equivalent to RM546.56 million)
We refer to the Company’s announcement dated 9 June 2020 (“Announcement”) in relation to the Proposed Disposal. Unless otherwise stated, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the Announcement.

The Board of Directors of LICB wishes to announce that LICB and AMSB had on 24 July 2020 entered into a supplemental letter agreement with Esteel to vary and amend the existing salient terms and conditions as set out in Section 2.5(ii)(a) and Section 2.5(ii)(d) of the Announcement.

The full text of the announcement is attached herewith.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3071781

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发表于 2-1-2021 07:38 AM | 显示全部楼层
本帖最后由 icy97 于 11-8-2021 08:00 AM 编辑

SUMMARY OF KEY FINANCIAL INFORMATION
30 Jun 2020
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Jun 2020
30 Jun 2019
30 Jun 2020
30 Jun 2019
$$'000
$$'000
$$'000
$$'000
1Revenue
465,146
745,983
2,318,470
3,163,774
2Profit/(loss) before tax
-129,304
-29,460
-391,117
-128,045
3Profit/(loss) for the period
-130,234
-60,837
-395,792
-156,101
4Profit/(loss) attributable to ordinary equity holders of the parent
-135,907
-72,167
-403,228
-157,253
5Basic earnings/(loss) per share (Subunit)
-19.96
-10.60
-59.23
-23.10
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
1.8200
2.4600




SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2020
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2020
30 Sep 2019
30 Sep 2020
30 Sep 2019
$$'000
$$'000
$$'000
$$'000
1Revenue
710,494
656,402
710,494
656,402
2Profit/(loss) before tax
-12,877
-109,398
-12,877
-109,398
3Profit/(loss) for the period
-34,636
-110,519
-34,636
-110,519
4Profit/(loss) attributable to ordinary equity holders of the parent
-35,451
-110,619
-35,451
-110,619
5Basic earnings/(loss) per share (Subunit)
-5.21
-16.25
-5.21
-16.25
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
1.7900
1.8400




Type
Announcement
Subject
OTHERS
Description
LION INDUSTRIES CORPORATION BERHAD ("LICB" OR "COMPANY")ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.03 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
The Board of Directors of LICB wishes to announce that Antara Steel Mills Sdn Bhd and Lion Waterway Logistics Sdn Bhd, both subsidiaries of the Company, together with Posim Marketing Sdn Bhd, a wholly-owned subsidiary of Lion Posim Berhad, which is in turn a 74% owned subsidiary of the Company (collectively, the “Secured Parties”) had on 16 December 2020 entered into a settlement cum share sale agreement (“Agreement”) with Lion Diversified Holdings Berhad (in liquidation), acting by and through the appointed liquidator, Datuk Tee Guan Pian of Suite 11.05, Level 11, The Gardens South Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur (“LDHB”) for the settlement of the entire outstanding secured debts of approximately RM210.35 million due and owing by certain subsidiaries of LDHB to the Secured Parties for an aggregate settlement amount of approximately RM210.35 million, by way of the transfer of the 1 ordinary share in Well Morning Limited of HKD1.00 (“Well Morning”), representing 100% equity interest in Well Morning (“Well Morning Share”) held by LDHB to the Secured Parties in the agreed proportion as stated in the announcement attached herewith (“Agreed Proportion”) where the Secured Parties have agreed to settle and transfer the Well Morning Share on an “as is where is” basis in the Agreed Proportion, in accordance with the provisions of the Agreement.

The full text of the announcement is attached herewith.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3114287



Type
Announcement
Subject
OTHERS
Description
LION INDUSTRIES CORPORATION BERHAD ("LICB" OR "COMPANY")ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.03 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
We refer to the announcement by the Company on 16 December 2020 in relation to the Proposed Settlement (“Earlier Announcement”).

Unless otherwise stated, the definitions used throughout this announcement shall have the same meanings as defined in the Earlier Announcement.

The Board of Directors of LICB wishes to announce that Antara and Lion Waterway had on 30 December 2020 received a confirmation letter on the completion of the Proposed Settlement from the liquidator of LDHB. Hence, the Proposed Settlement has been completed on 30 December 2020.

Consequent thereupon, Well Morning became a subsidiary of the Company.



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发表于 13-10-2021 08:46 AM | 显示全部楼层
Type
Announcement
Subject
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
LION INDUSTRIES CORPORATION BERHAD ("LICB" OR THE "COMPANY")Proposed disposal by Amsteel Mills Sdn Bhd, a 99% owned subsidiary of the Company, of its entire 100% equity interest in Antara Steel Mills Sdn Bhd to Esteel Enterprise Pte Ltd
The Board of Directors of LICB (“Board”) wishes to announce that LICB and Amsteel Mills Sdn Bhd (“AMSB” or “Seller”), a 99% owned subsidiary of the Company, had on 11 October 2021 entered into a conditional sale and purchase agreement with Esteel Enterprise Pte Ltd (“Esteel” or “Buyer”) (“Agreement”) for the following:

(a) the proposed disposal by the Seller of its entire holding of (i) 218,010,000 ordinary shares; and (ii) 30,000,000 redeemable preference shares in Antara, representing the entire 100% issued share capital of Antara (“Sale Shares”) for the aggregate cash consideration of USD122 million (equivalent to RM509.96 million) and USD Equivalent of Cash-In-Company made up as follows:

(i) USD114.80 million (equivalent to approximately RM479.86 million) plus USD Equivalent of Cash-In-Company for the entire 218,010,000 Ordinary Shares; and

(ii) USD7.20 million (equivalent to approximately RM30.10 million) for the entire 30,000,000 Preference Shares.

The consideration for the 30,000,000 Preference Shares shall be fixed at USD7.20 million (equivalent to approximately RM30.10 million) and any difference between the Adjusted Consideration and the Disposal Consideration shall be allocated towards the purchase consideration of the 218,010,000 Ordinary Shares.

(b) the Buyer agreed to pay the Additional Consideration to the Seller for the acquisition of the Extra Assets (being the Labuan Inventory, the Labuan Current Assets and the Labuan Account Receivables) and assumption of the Liabilities.

(c) consequent to the preceding paragraph (b), the Disposal Consideration shall be adjusted on the Completion Date based on the agreed formula as set out in Appendix II of this announcement (“Adjusted Consideration”).

Unless otherwise stated, the abbreviations and definitions used throughout this announcement shall have the same meanings as those defined in Appendix I of this announcement.

The full text of the announcement is attached herewith.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3200012

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发表于 13-11-2021 08:58 AM | 显示全部楼层
Type
Announcement
Subject
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
LION INDUSTRIES CORPORATION BERHAD ("LICB" OR THE "COMPANY")Proposed disposal by Amsteel Mills Sdn Bhd, a 99% owned subsidiary of the Company, of its entire 100% equity interest in Antara Steel Mills Sdn Bhd to Esteel Enterprise Pte Ltd ("Proposed Disposal")
Reference is made to the Company’s announcement dated 12 October 2021 (“First Announcement”) in relation to the Proposed Disposal. Unless otherwise stated, the abbreviations and defined terms used throughout this announcement shall have the same meanings as those previously defined in the First Announcement.

The Board of Directors of LICB wishes to announce that LICB and AMSB had on 28 October 2021 entered into a supplemental letter agreement with Esteel to amend certain terms of the Agreement in respect of the Proposed Disposal (“Proposed Amendment”) as detailed in Section 2 of this announcement.

The full text of the announcement is attached herewith.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3204793

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